Wunderlich Securities Starts ESCO Technologies (ESE) at Buy

Wunderlich Securities initiates coverage on ESCO Technologies (NYSE: ESE) with a Buy rating and a price target of $71.00.

Analyst Liam Burke comments "ESCO has a diverse customer base and is the high-value provider within its market segments and the company is looking to drive long-term revenue growth by adding new products and applications from its niche businesses and selective acquisitions. With ESCO’s strong pipeline of innovative products and lean culture, operating margins should continue to improve on high single-digit organic sales growth."

For an analyst ratings summary and ratings history on ESCO Technologies click here. For more ratings news on ESCO Technologies click here.

Shares of ESCO Technologies closed at $59.30 yesterday.

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